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Saturday 18 May 2024

2021-03-06

[B] AngloGold Ashanti Ghana hands over 1.3km asphalted road

2021-03-05

[B] Poor cashew pricing affecting production - Minister
[B] Boost for Ghanaian exporters … as Ghana, UK sealed trade agreement
[B] NIMED Capital Ltd. launches IPO for lifetime Unit Trust
[B] Why British Airways rescinded decision to re-route Accra – London flights

2021-03-04

[B] BoG issues directive on dormant and unclaimed accounts
[B] Akufo-Addo retires Domelevo

2021-03-03

[B] GRIDCo to demolish illegal structures obstructing access to transmission towers

2021-03-02

[B] You’re deemed to have retired based on your date of birth – Audit Service Board
[B] Auditor-General Domelevo’s 167 days leave ends today
[B] Robbers attack bullion van ferrying CAL Bank cash in daylight operation

2021-02-28

[B] Investment in Western Region will forestall insurgencies - Okyere-Darko
[B] AfCFTA requires right strategies — Ernest Sampong

2021-02-27

[B] Airport risks collapsing if KIA MD is not removed – Fuming workers caution
[B] Airport staff to strike again March 15 if. . .

2021-02-26

[B] 16 dead as two KIA Granbird buses collide on Accra-Kumasi highway
[B] Hundreds of air travellers stranded as Airport staff strike hits hard

2021-02-25

[B] Time to indigenise economy – Sir Sam
[B] Mastercard and MTN partner to enable customers pay on global online platforms
[B] Ghana exports 250 to 300MW of power – Amewu

2021-02-24

[B] BoG erred in revoking my microfinance company’s licence – Minister-designate
[B] We cannot legalise okada – Transport Minister-designate
[B] Ayorkor Botchwey appeals to Serbian investors to invest in Ghana
[B] Fishermen Back Hawa Koomson to head Fisheries & Aquaculture Ministry
[B] Ghana’s biggest car snatching syndicate busted with 7 stolen cars
[B] SEC flags Wiseling Online Investment Company as unlicensed

2021-02-23

[B] Mamfe Methodist Girls SHS win World Robotics and Coding Competition
[B] Kwadaso Mobile Phone thief battles for his life
[B] Ofori Atta meets Appointments Committee on March 8
[B] GCNet loses appeal on workers redundancy package
[B] Kweku Adoboli to make case for mortgage-backed bond market

2021-02-22

[B] ADB boss is most visible banking sector CEO – 2020 IBNA Report
[B] Regulate cryptocurrencies now – Economist to BoG, SEC
[B] World Bank makes Diop first African to head IFC
[B] Virtual forum on AfCFTA slated for Wednesday
[B] GCNet remaining workers receive redundancy notice
[B] We’ll resist any attempt to increase fuel prices – Minority

2021-02-19

[B] Ghana must negotiate with Benin to resolve export challenges – Patrick Boamah
[B] Amidu was wrong on Agyapa deal – Samson Lardy Anyenini
[B] GBC's GH¢25m electricity debt ring-fenced - Oppong Nkrumah
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Business

[ 2021-03-05 ]

Poor cashew pricing affecting production - Minister
The Bono Regional Minister-designate, Justina
Owusu-Banahene, has stated that the existing poor
pricing regime for cashew is negatively affecting
the production of the cash crop in the country.

According to her, conditions of cashew farmers
have been worse off as a result of the absence of
a pricing regime and the role of intermediaries
for the non-traditional export product.

President Akufo-Addo last year inaugurated the
Ghana Tree Crops Development Authority (TCDA) to
develop and promote the tree crops with
consequential benefits to be accrued to the
country.

He explained that the TCDA was the government’s
strategy to promote the development of tree crops,
other than cocoa, intimating that the authority
would lead the nation’s agenda for the
diversification of Ghana’s agriculture by
developing the tree crops sector.

Taking her turn at the vetting of the Appointments
Committee of Parliament, Mrs. Owusu-Banahene
pledged her commitment to take a lead role in
pushing for a pricing regime for cashew nuts when
given the nod.

For her, the current situation “is affecting the
farmers and people’s interest in the cashew
production” which she noted was reducing.

She said the introduction of the pricing regime
would pave the way for the farmers to be
well-to-do and develop an interest in cashew
farming, thereby cutting back the activities of
intermediaries who are profit-oriented.

The Bono East, Bono, and the Ahafo regions, seen
as one of the most vital breadbaskets, have been
converted into cashew nut production to feed
export markets.

This is to position Ghana as one of the largest
producers of raw cashew nuts in Africa, and cashew
nut production has increased fourfold across the
continent since 2000.
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Source - Ghanaweb



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